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Fund of Funds (Domestic)📊 NIFTY 50 TRI(SEBI default)

Mirae Asset NYSE FANG+ ETF Fund of Fund · Regular · Growth

Mirae Asset Mutual Fund

#33 of 104 (1Y)

NAV

₹40.9100

as of 13 Jul 2026

Expense Ratio

0.45%

AUM

₹2,144 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+28.20%
3Y
+43.83%
5Y
+28.42%
Since Inception
+30.81%

SIP returns (XIRR)

1Y
+34.69%
3Y
+44.36%
5Y
+41.82%
Since Inception
+40.40%

Returns calculated from 14 April 2021 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

What history actually did — last 5 years (Jul 2021 – Jul 2026)

A ₹5,000 monthly SIP for the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹8,18,496 today ₹3,00,000 invested, 42.6% XIRR.

₹3,00,000

Invested

₹8,18,496

Value today

42.6%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 5 years ago would be ₹3,49,091 today (28.4% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2021 would still hold ₹26,72,416.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹8,18,496 in this fund vs ₹3,62,109 in the benchmark — outperformance of ₹4,56,387.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 5 years (Jul 2021 – Jul 2026) (3 Jun 2024) would be ₹2,05,754 today (2.06×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.81

Sharpe Ratio

+0.38

Alpha

0.32

Beta

0.81

Sortino

28.06%

Std Dev

-30.35%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date14 Apr 2021
AMFI Code148929
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 3 months from the date of allotment 0.50% If redeemed after 3 months from the date of allotment NIL

Available transactions

RedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset NYSE FANG+ ETF Fund of Fund · Regular · Growth by Mirae Asset Mutual Fund is a Fund of Funds (Domestic) fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Fund of Funds (Domestic) category.

About This Fund

Mirae Asset NYSE FANG+ ETF Fund of Fund · Regular · Growth is a Fund of Funds (Domestic) mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 5 years. It manages assets worth ₹2,144 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.45%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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